The Chilean Economic Miracle: A Complex Legacy
Chile's economic miracle is examined through the lens of pension reform, revealing complex legacies and potential trade-offs between growth and social welfare.
Chile's economic miracle is examined through the lens of pension reform, revealing complex legacies and potential trade-offs between growth and social welfare.
Chile's 1970s pension reform introduced Personal Retirement Accounts (PRAs), replacing the state-run pay-as-you-go system under President Augusto Pinochet's leadership.